TYPES OF INVESTMENTS

An employer-created investment account that encourages people to save for retirement because they get an income when they invest

• Traditional 401K

• Roth IRA

• Traditional IRA

• Roth 401K

A personal investment account that grows tax-free. Money withdraw is also tax-free

• Traditional 401K

• Roth IRA

• Traditional IRA

• Roth 401K

An employer-created investment account that grows tax-free. Money withdrawn is also tax-free

• Traditional 401K

• Roth IRA

• Traditional IRA

• Roth 401K

An employer-created investment account that grows tax-free. Money withdrawn is also tax-free

• Traditional 401K

• Roth IRA

• Traditional IRA

• Roth 401K

Taxes you pay to the government on income you earn from a job.

• Income Tax

• RMD

• Capital Gains Tax

• Brokerage Account

An investment account that offers no tax benefits has no limit on the amount it can hold.

• Income Tax

• RMD

• Capital Gains Tax

• Brokerage Account

Rule of 72 is

• The amount divided on interest rate to see how much it will double in profit

• The amount subtracted by age then multiplied by amount spend to see how much should go towards stocks and other investments.

Rule of 110 is

• The amount divided on interest rate to see how much it will double in profit

• The amount subtracted by age then multiplied by amount spend to see how much should go towards stocks and other investments.

Taxes you pay to the government on money you earn from investments. If you invest $100 and it grows to $400, you must pay taxes on the $300 growth.

• Income Tax

• RMD

• Capital Gains Tax

• Brokerage Account

A calculated amount of money you MUST withdraw from an investment account when you reach a certain age, or you will face penalties.

• Income Tax

• RMD

• Capital Gains Tax

• Brokerage Account